ICIS - energy podcasts

The electricity blackout which hit the Iberian Peninsula at the end of April has triggered widespread debate about the causes of the outage and risks facing European grids.  As an investigation has now been launched, energy expert, Aura Sabadus, spoke to Volodymyr Kudrytksyi, former CEO of the Ukrainian electricity grid operator, Ukrenergo, about the challenges facing Europe’s electricity transmission infrastructure and the lessons it can learn from Ukraine’s unrivalled efforts in keeping the grid stable even in the face of war-related destruction.

ICIS's Gemma Blundell-Doyle, Energy Market Reporter and Eloise Radley, Deputy Crude Oil Editor, sit down to discuss the main drivers that could influence the global crude oil market in Q1 2025, including OPEC+ supply cuts and Trump's second US presidency.

Why have charter rates for LNG vessels dropped so dramatically in recent months and what is the outlook for next year? Senior market reporter Clare Pennington and Rob Songer, LNG markets analyst speak with Americas LNG editor Fauzeya Rahman to break down what this means for the shipping market and when the outlook is likely to change.

Wondering how the upcoming US election could impact US oil production and benchmark crude prices? Listen to Eloise Radley, Senior Market Reporter and Ignacio Sotolongo, Senior Editor at ICIS discuss this topic.

Germany has announced a higher-than-expected increase in the German storage fee from 1 July, even though the levy is expected to be scrapped at the start of 2025.  The announced short-term rise combined with Austria’s OMV warnings about a possible gas supply curtailment amid a court case ruling lifted European gas prices in the second half of May.  The almost simultaneous news triggered volatility across hubs as markets remain on edge over the regional supply outlook as the Russian gas transit agreement with Ukraine ends on 1 January 2025.  ICIS models show that even in a scenario where flows were fully stopped this winter, European storage facilities should remain at levels that would be higher than the long-term average.   Nevertheless, markets remain sensitive to a number of risks described in this interview by Aura Sabadus with ICIS reporters Irina Breilean, Rob Dalton, Tatjana Jovanovic and Amun Govil-Lie.